Author Archives: Paul Ausick

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Natural Gas Price Sinks Ahead of Storage Data

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 69 billion cubic feet for the week ending December 8. Analysts were expecting a ...
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Ford November European Sales Volume Rises, Market Share Dips

The European Automobile Manufacturers Association (ACEA) reported Thursday that new vehicle registrations in the European Union (EU) rose 5.9% in November, compared with new registrations in November of 2016. New ...
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Delta Snubs Boeing, Orders 100 Airbus Jets

Delta Air Lines Inc. (NYSE: DAL) made official Thursday morning that it will purchase 100 single-aisle A321neo passenger jets from Airbus and take an option on an additional 100. At ...
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107 Million Americans Will Travel for Holidays

More than 107 million Americans will drive, fly or use other means of transportation to travel this holiday season. That's an increase of 3.1% year over year and marks the ...
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Disney Pulls the Trigger on Fox Acquisition

Anyone who is surprised by Thursday morning's announcement from Walt Disney Co. (NYSE: DIS) that it is acquiring a large portion of Twenty-First Century Fox Inc. (NASDAQ: FOXA) has been ...
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Crude Oil Inventories Decline; Supply at 2017 Peak: IEA

In its monthly Oil Market Report for December released Thursday morning, the International Energy Agency (IEA) said that global crude supplies rose by 200,000 barrels per day in November to ...
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Nordic American Tankers, Top Ships Sink into Wednesday’s 52-Week Low Club

December 13, 2017: Here are four stocks trading with heavy volume among 73 equities making new 52-week lows in Wednesday's session. On the NYSE advancers led decliners by about 8 ...
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Caterpillar, Nike Push DJIA Higher Wednesday

December 13, 2017: Markets opened higher Wednesday after a report indicating the consumer price index showed only a modest rise in November. The Federal Reserve did raise its policy rate ...
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Canada Retaliates Against Boeing Over Trade Case — UPDATED

The government of Canada is opening the bidding on a contract for 88 military fighter jets to replace its aging fleet of CF-18s, and one likely bidder already faces a ...
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How Soon Can We Expect a Bitcoin ETF?

Now that the Chicago Board of Options Exchange has launched its bitcoin futures exchange — and the world didn't end — what's next for the digital currency? A spate of ...
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Crude Oil Price Slips on Large Rise in Gasoline Inventory

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 5.1 million barrels last week, maintaining a total ...
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Fewest CEO Departures Since 2004

While some high-profile CEOs have been replaced through the first 11 months of this year, the total number of departures is down 7.3% year over year to 1,050, compared with ...
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Costco-GM Auto Sale Interest Up 55% This Year

For the past several years, Costco Wholesale Corp. (NASDAQ: COST) has teamed up with General Motors Co. (NYSE: GM) to offer Costco club members special pricing on new GM vehicles ...
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US Production Threatens OPEC-Led Effort to Lift Crude Prices

In its Monthly Oil Market Report for December, released Wednesday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel's average price for its reference basket rose ...
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Mortgage Loan Rate Changes Mixed, Applications Down Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.3% in the group's seasonally adjusted composite index for the week ending ...
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